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Bridge Structural Health Monitoring (SHM) Solution Market Size is valued at US$ 2.50 Bn in 2025 and is predicted to reach US$ 3.68 Bn by the year 2034 at an 4.39% CAGR during the forecast period for 2025-2034.
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Bridge structural health monitoring (SHM) systems are used to continuously evaluate the state of bridges, identify structural problems, corrosion, or cracks, and guarantee safety. They help with maintenance planning, prolong the life of bridges, avert catastrophic failures, and give engineers access to real-time data that improves productivity and lowers inspection costs. The global market for bridge structural health monitoring (SHM) solution is expanding due to increased infrastructure construction and the rising demand for longer-lasting, safer bridges. In order to prevent breakdowns and lower maintenance costs, aging bridges around the world need to be continuously monitored.
The increasing infrastructure investment is another factor propelling the bridge structural health monitoring (SHM) solution market. The bridge structural health monitoring (SHM) solution market is expanding because older adults who are unable to visit hospitals or clinics prefer bridge structural health monitoring (SHM) solution services. The demand for significant investments is increasing as global objectives like the sustainable development goals and the goal of net zero emissions by 2050 highlight the necessity of sustainable infrastructure. However, high costs associated with installation and maintenance of sensors and monitoring systems are some of the obstacles impeding the growth of the bridge structural health monitoring (SHM) solution sector. Over the course of the forecast period, opportunities for the bridge structural health monitoring (SHM) solution market will be created by growing awareness of disaster prevention and risk mitigation.
Some of the Key Players in Bridge Structural Health Monitoring (SHM) Solution Market:
· HBM (HBK)
· REF TEK
· MISTRAS Group
· Campbell Scientific
· Dewesoft
· Encardio
· SignaGuard
· JF Strainstall
· Mabeyhire
· VSL
· Move Solutions
· Digitex
· Smartec
· BeanAir
· Sixense Group
· NBG
· MicroStrain
· Roctest
· Accolade
· Leica Geosystems
· James Fisher
· Resensys
· SmartSensys
· SENSR
· MS Systems
· Wölfel
· Telemac
· EHP Environment
· Others
The bridge structural health monitoring (SHM) solution market is segmented by solution type, and application. By solution type, the market is segmented into hardware-based solutions, service-based solutions, and others. By application, the market is segmented into railway bridges, highway bridges, and others.
The hardware-based solutions segment led the bridge structural health monitoring (SHM) solution market in 2024. This convergence is fueled by advanced sensing features similar superior data accuracy, sensor dependability, and infrastructure monitoring optimization. These features allow transportation agencies to achieve consistent structural assessment across a variety of railway and highway environments. Strain measurement, vibration monitoring, and integration with current infrastructure management systems, where data accuracy and system dependability are crucial operating requirements are made possible by advanced sensor features.
Railway bridges segment is expected to largest and fastest-growing application, a trend driven by the their high susceptibility to damage due to severe dynamic loads, continuous vibration, and environmental stress. In order to avoid accidents, maintain continuous train operations, and adhere to strict government rules, railway bridges must be reliable and safe. SHM solutions save operational risks and expenses by offering real-time monitoring, early damage identification, and predictive maintenance.
North America dominates the bridge structural health monitoring (SHM) solution market due to its extensive network of aging bridges requiring continuous maintenance and safety upgrades. The region’s strong investment in smart infrastructure, coupled with government initiatives such as the U.S. Infrastructure Investment and Jobs Act, supports widespread SHM deployment. Advanced technology adoption, including IoT-based sensors, wireless monitoring, and AI-driven analytics, enhances bridge management efficiency. Moreover, the presence of leading SHM technology providers and strong collaboration between research institutions and construction firms further strengthens market growth in the region.
Rapid urbanization, large-scale infrastructure development, and increasing investments in smart city projects in the Asia-Pacific area, the bridge structural health monitoring (SHM) solution market is expanding at the strongest and fastest rate in this region. Additionally, countries like China and India are focusing on modernizing bridges and ensuring safety through advanced monitoring systems.
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Report Attribute |
Specifications |
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Market Size Value In 2025 |
USD 2.50 Bn |
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Revenue Forecast In 2034 |
USD 3.68 Bn |
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Growth Rate CAGR |
CAGR of 4.39% from 2025 to 2034 |
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Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2025 to 2034 |
|
Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Solution Type, By Application, and By Region |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; Germany; The UK; France; Italy; Spain; Rest of Europe; China; Japan; India; South Korea; Southeast Asia; Rest of Asia Pacific; Brazil; Argentina; Mexico; Rest of Latin America; GCC Countries; South Africa; Rest of the Middle East and Africa |
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Competitive Landscape |
HBM (HBK), REF TEK, MISTRAS Group, Campbell Scientific, Dewesoft, Encardio, SignaGuard, JF Strainstall, Mabeyhire, VSL, Move Solutions, Digitex, Smartec, BeanAir, and Sixense Group, NBG, MicroStrain, Roctest, Accolade, Leica Geosystems, James Fisher, Resensys, SmartSensys, SENSR, MS Systems, Wölfel, Telemac, EHP Environment, and others. |
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Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Geographic competitive landscape. |
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Pricing and Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Bridge Structural Health Monitoring (SHM) Solution Market Snapshot
Chapter 4. Global Bridge Structural Health Monitoring (SHM) Solution Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Porter's Five Forces Analysis
4.7. Incremental Opportunity Analysis (US$ MN), 2025-2034
4.8. Global Bridge Structural Health Monitoring (SHM) Solution Market Penetration & Growth Prospect Mapping (US$ Mn), 2024-2034
4.9. Competitive Landscape & Market Share Analysis, By Key Player (2024)
4.10. Use/impact of AI on Bridge Structural Health Monitoring (SHM) Solution Market Industry Trends
Chapter 5. Bridge Structural Health Monitoring (SHM) Solution Market Segmentation 1: By Type, Estimates & Trend Analysis
5.1. Market Share by Type, 2024 & 2034
5.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following Type:
5.2.1. Hardware-based Solutions
5.2.2. Service-based Solutions
5.2.3. Others
Chapter 6. Bridge Structural Health Monitoring (SHM) Solution Market Segmentation 2: By
Application, Estimates & Trend Analysis
6.1. Market Share by Application, 2024 & 2034
6.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following Application:
6.2.1. Railway Bridges
6.2.2. Highway Bridges
6.2.3. Others
Chapter 7. Bridge Structural Health Monitoring (SHM) Solution Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. Global Bridge Structural Health Monitoring (SHM) Solution Market, Regional Snapshot 2024 & 2034
7.2. North America
7.2.1. North America Bridge Structural Health Monitoring (SHM) Solution Market Revenue (US$ Mn) Estimates and Forecasts by Country, 2021-2034
7.2.1.1. US
7.2.1.2. Canada
7.2.2. North America Bridge Structural Health Monitoring (SHM) Solution Market Revenue (US$ Mn) Estimates and Forecasts by Type, 2021-2034
7.2.3. North America Bridge Structural Health Monitoring (SHM) Solution Market Revenue (US$ Mn) Estimates and Forecasts by Application, 2021-2034
7.3. Europe
7.3.1. Europe Bridge Structural Health Monitoring (SHM) Solution Market Revenue (US$ Mn) Estimates and Forecasts by Country, 2021-2034
7.3.1.1. Germany
7.3.1.2. U.K.
7.3.1.3. France
7.3.1.4. Italy
7.3.1.5. Spain
7.3.1.6. Rest of Europe
7.3.2. Europe Bridge Structural Health Monitoring (SHM) Solution Market Revenue (US$ Mn) Estimates and Forecasts by Type, 2021-2034
7.3.3. Europe Bridge Structural Health Monitoring (SHM) Solution Market Revenue (US$ Mn) Estimates and Forecasts by Application, 2021-2034
7.4. Asia Pacific
7.4.1. Asia Pacific Bridge Structural Health Monitoring (SHM) Solution Market Revenue (US$ Mn) Estimates and Forecasts by Country, 2021-2034
7.4.1.1. India
7.4.1.2. China
7.4.1.3. Japan
7.4.1.4. Australia
7.4.1.5. South Korea
7.4.1.6. Hong Kong
7.4.1.7. Southeast Asia
7.4.1.8. Rest of Asia Pacific
7.4.2. Asia Pacific Bridge Structural Health Monitoring (SHM) Solution Market Revenue (US$ Mn) Estimates and Forecasts by Type, 2021-2034
7.4.3. Asia Pacific Bridge Structural Health Monitoring (SHM) Solution Market Revenue (US$ Mn) Estimates and Forecasts by Application, 2021-2034
7.5. Latin America
7.5.1. Latin America Bridge Structural Health Monitoring (SHM) Solution Market Revenue (US$ Mn) Estimates and Forecasts by Country, 2021-2034
7.5.1.1. Brazil
7.5.1.2. Mexico
7.5.1.3. Rest of Latin America
7.5.2. Latin America Bridge Structural Health Monitoring (SHM) Solution Market Revenue (US$ Mn) Estimates and Forecasts by Type, 2021-2034
7.5.3. Latin America Bridge Structural Health Monitoring (SHM) Solution Market Revenue (US$ Mn) Estimates and Forecasts by Application, 2021-2034
7.6. Middle East & Africa
7.6.1. Middle East & Africa Bridge Structural Health Monitoring (SHM) Solution Market Revenue (US$ Mn) Estimates and Forecasts by country, 2021-2034
7.6.1.1. GCC Countries
7.6.1.2. Israel
7.6.1.3. South Africa
7.6.1.4. Rest of Middle East and Africa
7.6.2. Middle East & Africa Bridge Structural Health Monitoring (SHM) Solution Market Revenue (US$ Mn) Estimates and Forecasts by Type, 2021-2034
7.6.3. Middle East & Africa Bridge Structural Health Monitoring (SHM) Solution Market Revenue (US$ Mn) Estimates and Forecasts by Application, 2021-2034
Chapter 8. Competitive Landscape
8.1. Major Mergers and Acquisitions/Strategic Alliances
8.2. Company Profiles
8.2.1. HBM (HBK)
8.2.1.1. Business Overview
8.2.1.2. Key Product/Service
8.2.1.3. Financial Performance
8.2.1.4. Geographical Presence
8.2.1.5. Recent Developments with Business Strategy
8.2.2. REF TEK
8.2.3. MISTRAS Group
8.2.4. Campbell Scientific
8.2.5. Dewesoft
8.2.6. Encardio
8.2.7. SignaGuard
8.2.8. JF Strainstall
8.2.9. Mabeyhire
8.2.10. VSL
8.2.11. Move Solutions
8.2.12. Digitex
8.2.13. Smartec
8.2.14. BeanAir
8.2.15. Sixense Group
8.2.16. NBG
8.2.17. MicroStrain
8.2.18. Roctest
8.2.19. Accolade
8.2.20. Leica Geosystems
8.2.21. James Fisher
8.2.22. Resensys
8.2.23. SmartSensys
8.2.24. SENSR
8.2.25. MS Systems
8.2.26. Wölfel
8.2.27. Telemac
8.2.28. EHP Environment
Bridge Structural Health Monitoring (SHM) Solution Market by Solution Type
· Hardware-based Solutions
· Service-based Solutions
· Others
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Bridge Structural Health Monitoring (SHM) Solution Market by Application
· Railway Bridges
· Highway Bridges
· Others
Bridge Structural Health Monitoring (SHM) Solution Market by Region
North America-
· The US
· Canada
Europe-
· Germany
· The UK
· France
· Italy
· Spain
· Rest of Europe
Asia-Pacific-
· China
· Japan
· India
· South Korea
· Southeast Asia
· Rest of Asia Pacific
Latin America-
· Brazil
· Argentina
· Mexico
· Rest of Latin America
Middle East & Africa-
· GCC Countries
· South Africa
· Rest of the Middle East and Africa
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
